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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.


TSX:ARX - Post by User

Post by Farmer12on Dec 16, 2021 9:50pm
262 Views
Post# 34239254

volume at the close

volume at the closeBig volume today, particularly at the close when deep pockets were scooping up the end of day orphans. Nice to see an up day with big volumes, and large block buyers. This has been a pattern at end of day, ie big volume at the close. Looks like Q4 WTI average price will finish around $76-$77 U.S. Not too shabby! Nymex January NG Futures average price will finish around $4.75 U.S.?? Glad I was able to pick up some call options earlier this week to fatten my position in case this does take off soon. The weather, generally speaking, has been very mild which has cooled a lot of the bullish NG sentiment, but colder weather might be on the way. XDIV end of December, end of Q4 and end of 2021.
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